Emmizay12:




Bro I now understand why a lot of people cry of liquidation in this group,,, they have not learnt to manage risk,,, but no worries I will share my knowledge.. we learn everyday

Let's say I have 200usd in my account and I want to trade Ethereum,, I want to long it and I want to risk 20usd only,, ... In the first picture below on tradingview,, after using the long tool to indicate where I put my stop loss, notice the bracket "(0.58%)"
This is the calculation:

To remove the percentage of (0.58%) to decimal
i.e
0.58÷100= 0.0058

Then

(Amount I'm risking ÷0.0058)
i.e 20usd ÷ 0.0058= 3,448.28(let's call this contract size)

To get the leverage= contract size ÷ my total trading amount
i.e 3,448.28÷ 200usd= 17.24

Therefore my leverage is 17X on this trade using this entry position to long Ethereum... using 200usd
on isolated marging and risking only 20usd should the trade hit my stoploss..........you can equally use it on other trades when going long or short and get either 2 or 3 risk to reward ratio which is 40usd or 60usd profit respectively

So the leverage used is useless if you have defined your risk using this long prediction tool... It could be 2X, 32X or 50X.....

I hope this helped,,, if this didn't help,, then I wish you happy liquidations.....

Truthshotcrazy:


Leverage amplifies the movement in the relative prices of a currency or crypto pair by the factor of the leverage in your account. .

The more leverage you use, the more risky the trade, the less “breathing room” you have for the market to move before a margin call .

Risk management is very important.and the $100 example earlier, is an assumed scenario, $100 is the minimum margin deposit required by the exchange to maintain 2X, 32X, or 50x, 100x , etc
A$100 trade using 100x leverage will certainly get liquidated before a $100 trade using 2X leverage .
if somebody even owns $100, it is not advisable to use more than 20% of the total portfolio in trading for good risk management. Using 100% of portfolio capital to trade is never advisable. . The art of choosing where exactly to Place good stoplosses, and not using 100% of capital available to trade boils down to the individual traders choice and his preferable risk/reward ratio. How much of portfolio capital/ % of capital one is wiling to risk or forgo should the trade move against one. It is never advisable to use 100% available capital to trade. Good traders don’t even risk more than 1% of the capital in portfolio for trading. Good risk management cannot be overemphasized.
I personally employ very tight stop losses when trading, and keep the leverages at moderate level when trading just as l would advįse anyone to,,
But as stated earlier, if my neighbor wanna use 100X leverage , e not concern me. na lm business
So Happy trading evryone!

atinga1:

It's just the usual pump to liquidate those shorting the market and then driving fomo guys into losing money.
Feeding your fowl very well before slaughter.

Iamyemmie:
Why is btc going up and everywhere still red like this?

DaemoLee:


Lol. If u see news like this exit the market ASAP. Cos crazy dip incoming.

The logic there is that, they truly want to buy but they would never buy at this price until after they have driven the market down to their target price entry.

I don exit on the news since early momo

GRACEGLORY:
Once BTC crushes the resistance @$21,800… it’s gon’ be a runway to the $23,000 area.
BTC has been beating the entire bourse put together. Go ask Peter Schiff

GRACEGLORY:




How’s the short.






#Babydoge

DaemoLee:



Bobo read to understand! Futures trading isn't my thing, infact I have never spent a cent on it.
I have been buying low and selling high.

I have bn out of the market since 2days now patiently waiting. Bought just one coin when everywhere was red enough for me to buy, i exited in thousands of Naira profits and ok for the day. Looking forward to a more brutal dip 2mao and Wednesday...And the circle continues.

Segun2222:
Please do you think Gtb helps to fund domicilary account

I don't know why Nigerians do this on international chatrooms or comment sections like WhatsApp group, Tele.gram groups, YouTube comment section, etc.

When they drop a comment, they'll always mention "Nigeria" and they NEVER use "I'm," but am.

Do they think the moment they mention Nigeria, they'll get help instantly? In most cases, they never get a reply. In fact, people begin to avoid them, including me, a Nigerian.

It's good to be proud of your country, but keep it in your pocket at times and just go ahead with your question. Also, stop using "am" in place of I'm — that sh!t is irritating.

Yes, I know say life no be by spelling, but at least, put some effort in it and stop mentioning Nigeria up and down when all the world know us for is nothing but corruption, fraud, football, and maybe music.

Dem go just type "am" full everywhere. Indians and Nigerians are fond of this. Always in a hurry!

Things they could just learn easily with the help of a short video on YouTube. You want to make money, but you don't want to spend money watching free video tutorials online.

There are lots of things I haven't said and I'll say some of them with time.

One of them is: being on time.

Google and a few other sites have a web scrawler that searches the web for new info every single seconds. They call it mentions.

If you're into a trade and in that trade you have keywords, yet you're not using mention, you're missing a lot.

At times, I don't visit Nairaland, but when I get mentioned, Google let's me know.

Gather all the keywords in your business and put them as mention. Whenever such words get mentioned anywhere around web, you get notified. This way, you know what's going on before most and you'll be on time with latest blog posts or news by people around the world.

I have used it to catch people reposting my content on their blogs, people trying to sell my books behind my back, etc.

In crypto, I use it to get alert on new airdrop, launch, etc. So, I'm always on time — except I choose not to.

So, create some notifications and always scan through them — it doesn't take time.

Just an expo, not a financial advice. Ureeqa will soon explode. 99% of the people in crypto have no clue yet. I have already multiplied my money severally and we haven't even started.

The reason I have more than 30 exchanges is for things like this.

Bitboy Crypto talked about it on his YouTube channel yesterday — he has the largest Crypto channel on YouTube, so wherever he talks about explodes. It was one of the coins I found in my research and when he talks about it, I finally jumped in and I'm already in smiles.

As I said, I'm not recommending, but only giving you an expo. Early bird catches the worm.

Innomama7:
When are we going to see the bull period? abi you guys non wan allow us comot from village again

petux:


What makes you think there is going to be a "brutal dip" tomorrow or Wednesday??

DaemoLee:


Brutal or not?

EXLOVER:


Bro when will i get married?

Who is the next president of Nigeria?

When is Nigeria going to be great again?